John Lennon's famous white Abbey Road suit to be sold off in massive New Year's Day auction

The white, two-piece suit John Lennon wore on the cover of the Beatles' Abbey Road album is among a host of the singer's possessions up for auction next month.

The suit, along with the blazer Lennon wore in the Imagine music video and a 1972 Chrysler station wagon that once belonged to Lennon and Yoko Ono, are among the memorabilia being auctioned by Braswell Galleries in Connecticut on New Year's Day.

Auction house co-owner Gary Braswell said that the suit's current owner decided to sell after experiencing some economic hardship. He did not disclose the seller's name.

Suits you: Lennon, wearing his famous white suit, pictured with Paul McCartney during a break in the album cover's photoshoot

Braswell said he did know how much the wool-blend suit would fetch,
but noted that the suit and blazer together sold for $120,000 in 2005.

Released
in September 1969, Abbey Road was the last and one of the most
successful Beatles albums. The cover photograph features the four band
members walking on a pedestrian crossing outside the recording studio.
The cover has since become one of the most imitated and iconic images
in pop history.

Music fans marked the 30th anniversary of
Lennon's death earlier this month. Lennon was gunned down by Mark
Chapman outside his New York apartment building on December 8, 1980.